SalaryNode

Average Loan Interviewers and Clerks Salary in Greensboro-High Point, NC

In Greensboro-High Point, NC, Loan Interviewers and Clerks earn an average annual salary of $55,140, surpassing the national average of $51,050. This elevated compensation is often driven by the specific economic landscape and demand within the region for these crucial financial roles.

Executive Summary

  • Average Salary: $55,140 per year.
  • Growth Trend: Salaries have shifted 10.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,100.
  • Outlook: The local job market for Loan Interviewers and Clerks in Greensboro-High Point, NC, shows a healthy concentration, indicated by a Location Quotient of 1.31. With a total local workforce of 530 individuals in this role, the market demonstrates a robust demand that slightly exceeds national levels, suggesting a stable environment for employment.
2024 Market Data

Salary Overview

$55,140

The average Loan Interviewers and Clerks in Greensboro-High Point, NC earns+8.0%above the national average.

BreakdownBased on 40h/week
Hourly

$26.5

Weekly

$1,060

Monthly

$4,595

Loan Interviewers and Clerks Salary Distribution in Greensboro-High Point, NC

Career progression for Loan Interviewers and Clerks in Greensboro-High Point, NC, significantly impacts earning potential. Entry-level positions typically start at lower percentiles, while senior roles and those with specialized skills command salaries in the upper percentiles. The widening gap between entry-level and senior salaries reflects substantial opportunities for advancement and increased compensation with experience.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,850$19.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,355$19.9
ManagerOversees team, compliance, and project delivery.50% (Median)$54,900$26.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$68,925$33.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,100$30.8

Detailed Loan Interviewers and Clerks Market Analysis

Relocation Context

Nominal Salary

$55,140

Gross Pay

Real Wage (Purchasing Power)

$55,140

Adjusted for COL (100)

The average annual salary of $55,140 in Greensboro-High Point, NC, is highly competitive given the local Cost of Living Index is precisely at the national average of 100. This means that the purchasing power of a Loan Interviewer's or Clerk's salary in this area is equivalent to the national standard, making it an attractive location for financial professionals.

Job Market Context

530

Total Jobs

1.474

Per 1K Jobs

1.31

Location Quotient

Above Average

With a location quotient of 1.31, Greensboro-High Point, NC has a slightly higher-than-average concentration of Loan Interviewers and Clerks roles compared to the national norm.

The Location Quotient of 1.31 for Loan Interviewers and Clerks in Greensboro-High Point, NC, signifies a higher concentration of these jobs compared to the national average. This suggests that the region has a more specialized demand for these roles, potentially leading to more abundant opportunities and a slightly more competitive job market for employers seeking talent.

Nearby Job Markets

Hiring Loan Interviewers and Clerkss?

Frequently Asked Questions

How much does a Loan Interviewers and Clerks make in Greensboro-High Point, NC?

The median annual salary for a Loan Interviewers and Clerks in Greensboro-High Point, NC is $55,140. This typically ranges from $40,850 for entry-level positions to $64,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Greensboro-High Point, NC is 8.0% higher than the national median of $51,050.

Is Greensboro-High Point, NC a lucrative place for Loan Interviewers and Clerks?

Yes, it is a lucrative place for Loan Interviewers and Clerks.The average salary of $55,140 is higher than the national average, and the cost of living is on par with the national average, offering strong purchasing power.

Is Greensboro-High Point, NC a good place to live for Loan Interviewers and Clerks?

The Cost of Living Index in Greensboro-High Point, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Greensboro-High Point, NC?

Some top paying nearby cities include Winston-Salem, NC ($50,970) and Eastern North Carolina nonmetropolitan area.

How does the Greensboro-High Point salary compare to the national average?

Loan Interviewers and Clerks in Greensboro-High Point, NC, earn approximately $4,090 more annually than the national average, with a salary of $55,140 compared to $51,050.

What is the concentration of Loan Interviewers and Clerks in Greensboro-High Point, NC?

The concentration, measured by the Location Quotient, is 1.31, indicating that these roles are 31% more prevalent in Greensboro-High Point, NC, than the national average.

How does cost of living affect the salary in Greensboro-High Point, NC?

With a Cost of Living Index of 100, the national average, the $55,140 salary in Greensboro-High Point, NC, offers the same purchasing power as the national average salary.

What is the total number of Loan Interviewers and Clerks in Greensboro-High Point, NC?

There are approximately 530 Loan Interviewers and Clerks employed in the Greensboro-High Point, NC, metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 530 employees in the Greensboro-High Point, NC area with a job density of 1.474 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.